The light side of investing and financial markets

South Africa

To market to market to buy a fat pig. Yesterday Stats SA released our labour stats for the last quarter in 2017. The headline number compared to last year is marginally worse, but compared to last quarter it is one percentage point better at 26.7%. It is never nice reading that we have 5.9 … Continue reading Google’s Head in the Clouds

To market to market to buy a fat pig. Wow! Yesterdays MTBPS was ugly. While Minister Gigaba was talking the quote attributed to Margaret Thatcher came to mind. "The problem with socialism is that eventually you run out of other people's money to spend." We may not be a socialistic state, but the … Continue reading Lock it in with Amgen

To market to market to buy a fat pig. Last month Stats SA published their Poverty on the rise in South Africa report. It makes for some grim reading and puts life for the average South African into perspective. The below image best sums up the report. Here is a quick breakdown of what … Continue reading Our Stats Look Poor

"In his opinion, and Tim must talk to a lot of leaders of business, the removal of "hope" (call it confidence) has led us down this path. There is almost a strike by those with capital. And as we discussed in the office yesterday, when the wireless and the TV start talking about the downturn, … Continue reading Capital goes on Strike

"Year to date the stock is still down 6.62 percent, the move yesterday was up nearly nine and a half percent. The stock is up over 21 percent in less than two weeks. As we pointed out, the stock is still down year to date and over the last 12 months the stock is … Continue reading Aspen and the Bolivars

About Vestact

Vestact was established by Paul Theron in late 2002.
We look after money for private clients, not institutions. We manage your investments in Rands in Johannesburg and in US Dollars in New York. We offer individualised investment accounts, which means that you get your own portfolio, not a slice of some fund.
Read More